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Auto Industry Outlook for 2023 with Jonathan Smoke
Manage episode 356216936 series 2913521
Joe Walker에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Joe Walker 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
What can auto lenders and dealers expect this year? Join us as Jonathan Smoke, chief economist for Cox Automotive, discusses the current slump in used retail vehicle sales and auto loan performance, his predictions for this year’s vehicle sales, as well as the industry’s bright spot, EVs. But first, we start this episode with a 3-minute economic update from David Fieldhouse, director of Consumer Credit Analytics at Moody’s Analytics.
Highlights:
:30 – Economic update from David Fieldhouse, director of Consumer Credit Analytics at Moody’s Analytics
3:35 – Jonathan Smoke reveals what the auto market has in common with Michael Jackson’s hit Beat It from the 1980’s
6:17 – Why this year’s outlook is “not bullish”
10:18 – U.S. supply chain and production is performing better than other regions in the world
12:10 – Biggest challenge for lenders and dealers this year
14:41 – How affordability is affecting the auto market
19:10 - Implications for subprime consumers
23:40 - Will the emphasis on online shopping continue?
27:15 - The EV market is the positive part of the market
32:30 - What is the industry missing or not thinking about that they should?
Resources:
Learn more about Cox Automotive and check out Jonathan Smoke's column, Smoke on Cars
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